SEOUL, Apr. 10 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are expanding their presence in the hybrid vehicle market in the United States, backed by brisk sales of their latest sports utility vehicle (SUV) models, data showed Sunday. The South Korean automobile companies sold a combined 4,358 hybrid vehicles in [...]
SEOUL, March 28 (Korea Bizwire) – Reports of security breach threats to Internet of Things (IoT) devices have tripled over the last year, according the Korea Internet & Security Agency. The KISA said yesterday that a total of 362 complaints were filed regarding security concerns, jumping 280 percent from last year’s 130. Reports of security vulnerability [...]
SEOUL, March 24 (Korea Bizwire) – As North Korea’s development of weapons of mass destruction continues to threaten security in East Asia and jeopardize its already compromising position in the world, speculation is growing over the possibility of global military conflict on the Korean Peninsula involving China and the U.S. The shocking prospect of another [...]
SEOUL, March 24 (Korea Bizwire) – Sales of jelly dessert products are booming, particularly among Koreans over 40, a new market research report published yesterday found. The market for jelly desserts grew by 54 percent on year last year, amounting to 153.3 billion won, according to AC Nielson Korea. This year, the market is expected to [...]
SEOUL, March 21 (Korea Bizwire) – Commodity prices continued to move up in recent weeks amid rising crude oil prices and the outbreak of the avian influenza, industry sources said Tuesday. Consumer prices rose 1.9 percent in February from a year earlier with comparable figures for January standing at 2 percent. The Bank of Korea [...]
SEOUL, Dec. 22 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that SK Holdings C&C Chief Executive Officer (CEO) Park Jung-ho has been appointed as the new President and CEO of SK Telecom. Since joining Sunkyong Group (which is now SK Holdings) in 1989, Park has served various key positions within the SK Group. From [...]
TORONTO, ONTARIO and CHICAGO, ILLINOIS and LONDON, UNITED KINGDOM and HONG KONG, CHINA, Dec. 8 (Korea Bizwire) – BMO Global Asset Management today released its annual Five-Year Outlook report, which examines the long-term impact of several themes shaping the global economy and markets. It considers a number of likely scenarios and the investment opportunities they [...]
Geneva, Paris, Brussels, Sept. 27 (Korea Bizwire) – Mr. Nam-gi Baek, the farmer activist who was left in a coma after being pummelled by water cannons at a demonstration in Seoul on 14 November 2015, succumbed to his injuries and died of kidney failure on Sunday, 25 September 2016. FIDH, the European Trade Union Confederation (ETUC), [...]
Event to Feature Over 14 Hours of Training, Educational Content and Collaboration AUSTIN, TX, Sep. 8 (Korea Bizwire) - SolarWinds, a leading provider of powerful and affordable IT management software, today announced its fifth edition of THWACKcamp is scheduled for September 14-15, 2016. THWACKcamp is SolarWinds’ free annual virtual IT event hosted on the company’s online community [...]
Seoul, Korea, Sept. 2 (Korea Bizwire) – SK Telecom (NYSE: SKM) today announced that it has published ‘ATSCALE White Paper’ to suggest the direction for evolution of the next-generation telecommunications networks including the 5G network. In this white paper, SK Telecom describes in detail its ATSCALE vision and architecture, based on which it will realize [...]